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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$293,285$269,910
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,466$0
Note rate6.94%7.18%
Blended rate6.94%7.42%
1st payment$2,027.78$1,828.46
2nd payment$0.00$0.00
Taxes / mo$71.08$71.08
Insurance / mo$150.00$150.00
MI / mo$0.00$53.98
HOA / mo$44.00$44.00
Total monthly$2,292.86$2,147.53
Cash to close$6,615$29,990